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read test money test
| Term | Definition |
|---|---|
| (asset)noun | an item owned. |
| (automated teller machine) (ATM) noun | a machine that can perform banking transactions. |
| balance (noun or verb) | the amount of money in an account; to find the difference between the debits and credits in an account. |
| budget (noun or verb) | a plan created to monitor spending and saving; to plan for expenses. |
| capital (noun) | the value of personal items owned, including savings, investments, and property, |
| check register (noun) | a log to keep track of all checking account transactions, including checks written, debits, deposits, and fees. |
| credit register (noun) | your financial report card, which includes a record of whether you have been on time in making your loan and credit payments; the information in your credit report determines your credit score, which is shared with lenders and landlords. |
| debit card (noun) | a plastic card used for purchases and cash withdrawals that takes money directly from a bank account. |
| debt card (noun) | a plastic card used for purchases and cash withdrawals that takes money directly from a bank account. |
| debt (noun) | money owed |
| deposit (noun or verb) | money put into an account; to put money into an account. |
| dividend (noun) | a sum of money given as a bonus based on earnings or saving from a bank or company. |
| draft (noun or verb) | another name for a check, which is a written order instructing a financial institution to pay a specific amount of money from the account bottom; to take money from an account. |
| finance charge (noun) | the total dollar amount a buyer pays to use credit, including interest costs, service charges, and insurance. |
| fixed (adjective) | not changing |
| gross income (noun) | the total amount of earning before any taxes or other payments are taken out. |
| interest (noun) | the amount paid to a lender for borrowing money. |
| interest (noun) | the profit earned on an investment. |
| mortgage (noun) | a loan to buy real estate, including a home and or property. |
| net worth (noun) | the amount of p |
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